• Mon, Apr 27, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

16 August 2025 03:05  |

Stocks Mixed, But Book Weekly Gain

US stocks closed mixed on Friday as investors digested economic data, corporate news, and geopolitical developments.

The S&P 500 slipped 0.3% after briefly hitting a record high, while the Nasdaq fell 0.4% amid weakness in chipmakers, with Applied Materials tumbling 14% on a downbeat forecast and Nvidia losing 0.9%.

The Dow finished 35 points higher after touching records higher earlier in the session, lifted by a 12% surge in UnitedHealth after Berkshire Hathaway disclosed a major stake. Retail sales in July rose 0.5%, meeting expectations, but the University of Michigan’s consumer sentiment index dropped to 58.6 from 61.7 as inflation concerns grew.

Markets were also cautious ahead of President Trump’s meeting with President Putin, while his plan for new tariffs on steel and semiconductors added to trade uncertainty.

The S&P 500 and Nasdaq gained 1% week to date, while the Dow outperformed, rising 2%.

Source: Trading Economics

Related News

MARKET UPDATE

Asian Markets Tend to Be Cautious Following US Data Release...

Asian stock markets opened without a clear direction on Wednesday (August 6th), after weak US services sector data fueled unc...

6 August 2025 07:48
MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

Asian Stocks Drop as Trump’s Tariff Deadline Nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% le...

9 April 2025 07:25
MARKET UPDATE

Asian Stocks Fluctuate on Hints of Tariff Relief

Stocks remained volatile in Asia after U.S. Commerce Secretary Howard Lutnick suggested the Trump administration may lift som...

5 March 2025 07:32
BIAS23.com BIAS23.com NM23 Ai